167
167
Sep 22, 2012
09/12
by
CNN
tv
eye 167
favorite 0
quote 0
the big choice remains beyond the fiscal cliff. >> fiscal cliff holding back hiring, keeping the unemployment rate higher than it should be. >> a real difference between talking about the potential economic effect of the fiscal cliff in dealing with our debt and deficit problem, two different conversations. agree with something ben said, cannot balance the federal budget and cannot cut it based upon the discretionary budget at all. you have to address the fat where the fat is. how do you do that in ent tamts, talk about raising the age of social security and the age of medicare. >> yes, yes and yes. >> will and i agree on that. >> people live longer these days. >> can't do that in an election year. >> not at all. >> somebody always trying to get elected. >> people want their stuff. they want their stuff and they don't want to pay for it. >> let's look at some of the things with the safety net. 26% are using medicaid. 15% on food stamps, 8% are using something called the food aid for women, infants and children. 4% housing assistance and 2% receive aid to needy families. other safety nets, not
the big choice remains beyond the fiscal cliff. >> fiscal cliff holding back hiring, keeping the unemployment rate higher than it should be. >> a real difference between talking about the potential economic effect of the fiscal cliff in dealing with our debt and deficit problem, two different conversations. agree with something ben said, cannot balance the federal budget and cannot cut it based upon the discretionary budget at all. you have to address the fat where the fat is. how...
124
124
Dec 30, 2012
12/12
by
CSPAN2
tv
eye 124
favorite 0
quote 0
and they get together, and they chant fiscal cliff, fiscal cliff, fiscal cliff. and if you're an intelligence politician and you walk out to do a press conference and you say what i just said to you -- which is the fiscal cliff is a fantasy, it is an excuse to panic, it's a device to get all of us running down the road so we accept whatever obama wants because otherwise we have failed the fiscal cliff, and how can you be a patriot if you don't do what the fiscal cliff requires? and the fiscal cliff will tell us one afternoon much like the land of oz where there will be this person hiding behind the machine who will say raise taxes now. and if you don't raise taxes now, you'll have violated the fiscal cliff. now, do any of you want to be the person who stands up and destroys america by violating the fiscal cliff? do you want to explain that you are so out of touch of life that you don't care america's going to die late on thursday? [laughter] it's all right if that's the kind of person you are, because we just need to know it now because we're never going to sched
and they get together, and they chant fiscal cliff, fiscal cliff, fiscal cliff. and if you're an intelligence politician and you walk out to do a press conference and you say what i just said to you -- which is the fiscal cliff is a fantasy, it is an excuse to panic, it's a device to get all of us running down the road so we accept whatever obama wants because otherwise we have failed the fiscal cliff, and how can you be a patriot if you don't do what the fiscal cliff requires? and the fiscal...
209
209
Dec 1, 2012
12/12
by
CNNW
tv
eye 209
favorite 0
quote 0
the week center on a big worry. >> this fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> we could actually go off the fiscal cliff. >> we're facing a fiscal grand canyon. >> okay. so it's a big deal. question is can these guys strike a deal? >> i've got to repeat. i've got a pen. >> meantime, damage control for u.n. ambassador susan rice out to smooth things over with this week with republicans after those benghazi talking point. >> exextremist elements came to the consulate as this was unfolding. >> it didn't work. now their talking points. >> we are significantly troubled. >> i want to say that i'm more troubled today. >> democrats shot back. >> they are not only blaming her for this intelligence report, they are trying to blame her for the actual tragic event. >> i've seen so much crazy stuff in this house could i write a book. >> or make an internet video. >> not be a true god-fearing person and be on a television show like that. >> that's actor angus t. jones, the "two and a half men" star caught slamming his own tv show. >> if you watch "two and a half men," please don't watch "two a
the week center on a big worry. >> this fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> we could actually go off the fiscal cliff. >> we're facing a fiscal grand canyon. >> okay. so it's a big deal. question is can these guys strike a deal? >> i've got to repeat. i've got a pen. >> meantime, damage control for u.n. ambassador susan rice out to smooth things over with this week with republicans after those benghazi talking point. >>...
1,169
1.2K
Nov 6, 2012
11/12
by
KCSMMHZ
tv
eye 1,169
favorite 0
quote 0
fiscal cliff. fiscal austerity is expected to increase. the finance chiefs cautioned extreme belt tightening could trigger a further slowdown. they point to the failure so far for debt covering bonds. they have decided to present reliable reconstruction plans for 2016 and beyond. called for growth strategies along with fiscal reform. they urge nations in fiscal good standing to step up to stimulate growth. now, it's not only the financial leaders who are worried about the slowdown. yuko fukushima joins us from the desk. how are investors feeling these days? >> good morning. understandably many of them are nervous. and they're hoping to get some clues from the u.s. presidential election. this is because investors on wall street are also feeling the downside risks of the economy. especially with the so-called fiscal cliff. right now they're staying on the sidelines through the election. new york markets ended slightly higher. the dow jones up by .15% and closed at 13,112. we'll have to see how stocks here in japan are trading this tuesday mo
fiscal cliff. fiscal austerity is expected to increase. the finance chiefs cautioned extreme belt tightening could trigger a further slowdown. they point to the failure so far for debt covering bonds. they have decided to present reliable reconstruction plans for 2016 and beyond. called for growth strategies along with fiscal reform. they urge nations in fiscal good standing to step up to stimulate growth. now, it's not only the financial leaders who are worried about the slowdown. yuko...
469
469
Sep 22, 2012
09/12
by
CNNW
tv
eye 469
favorite 0
quote 0
falls over the fiscal cliff. that fiscal cliff is a combination of tax increases and budget cuts that will hit at the beginning of next year unless of course congress does its job and fixes it. some of the cuts to education programs would hurt at-risk students. pell grants are safe at least for next year, but most other financial aid programs face a 8.8% cut. other programs would be cut as well, that means less money to support smaller class rooms, after school programs. programs that support research would also be scaled back. the rest of the world is moving forward. u.s. college graduate rates are among the highest in the world, but the organization for economic development said the world is catching up quickly and may surpass the u.s. the u.s. ranked 22nd out of 27 countries, and just 27% of students in the u.s. with parents who didn't graduate from high school will go on to attend college. that's worse than any other country except new zealand and canada. we're cover lg of the issues important to you this wee
falls over the fiscal cliff. that fiscal cliff is a combination of tax increases and budget cuts that will hit at the beginning of next year unless of course congress does its job and fixes it. some of the cuts to education programs would hurt at-risk students. pell grants are safe at least for next year, but most other financial aid programs face a 8.8% cut. other programs would be cut as well, that means less money to support smaller class rooms, after school programs. programs that support...
42
42
tv
eye 42
favorite 0
quote 0
cliff the fiscal cliff of course is the culmination of years and years of failing to take responsibility for a rogue economy that they're going to try to reconcile all at once when the entire population of america jumps off the fiscal cliff whether they do so in the next two months or six months or twelve months is irrelevant that fiscal cliff is coming the gold cliff is also coming and it's something that i think people need to be aware of that's right well actually that takes us to this next said i max gold reserves stored securely so after decades of trying the buddhist bank actually has responded to all the queries from data from large scholl from max kaiser they actually give a list of where their gold is stored and they say that despite frankfurt has one thousand and thirty six tons or thirty one percent of germany's gold the federal reserve bank of new york has one thousand five hundred thirty six tons or forty five percent.
cliff the fiscal cliff of course is the culmination of years and years of failing to take responsibility for a rogue economy that they're going to try to reconcile all at once when the entire population of america jumps off the fiscal cliff whether they do so in the next two months or six months or twelve months is irrelevant that fiscal cliff is coming the gold cliff is also coming and it's something that i think people need to be aware of that's right well actually that takes us to this next...
137
137
tv
eye 137
favorite 0
quote 0
goes over the fiscal cliff. what's a fiscal cliff? it's a huge tax increase, huge tax increases and huge spending cuts that hit at beginning of january. the bush tax cuts would go away, the amc patch would go away, a whole bunch of things would go away, ashleigh, and that's going to look like for your tax bill next year if we go over the fiscal cliff. >> what's the reality? what is the actual chance this is going to hit us all right smack in the wallet? >> well, we hope, we hope that senators are working on this, right, and they know they've got to get this fixed. it would be disastrous, it would cause a recession. >> "new york times" say, eh, they're talking. >> they're starting to talk about what kind of framework, et cetera, et cetera. this is what it looks like. you've got economists surveyed by cnn money who say basically none of them think we'll go over the fiscal cliff. why? because it's so dangerous. 14 of 17 economists surveyed say falling off a fiscal cliff will mean a recession. 12 said the fiscal cliff is the biggest risk
goes over the fiscal cliff. what's a fiscal cliff? it's a huge tax increase, huge tax increases and huge spending cuts that hit at beginning of january. the bush tax cuts would go away, the amc patch would go away, a whole bunch of things would go away, ashleigh, and that's going to look like for your tax bill next year if we go over the fiscal cliff. >> what's the reality? what is the actual chance this is going to hit us all right smack in the wallet? >> well, we hope, we hope...
225
225
tv
eye 225
favorite 0
quote 0
. >> the fiscal cliff is fast approaching. >> the fiscal cliff is looming. >> the fiscal cliff it's looming, owe oh, yeah. >> stephen: oh, yeah, the fiscal cliff not to be confuse withed with the financial glory hole. unless congress comes up with a deficit reduction deal on january 1 there will be a trillion dollars in automatic spending cuts and the bush tax cuts expire which the congressional budget office says together could cause another recession. our only hope is that democrats and republicans in congress work together to find a compromise on tax cuts. in other words, we're all going to die. [ laughter ] now last week the democrats made the first move until this game fiscal chicken. >> the democratically-controlled senate passed a democratic bill renewing the tax cuts but only for people earning less than $250,000. >> the senate has approved a democratic tax plan that includes higher rates for high earners. >> stephen: wait, a second did they say the democrats passed a democratic plan? that can't be right. wait a second is this some kind of dream? let me check my totem. hold on one s
. >> the fiscal cliff is fast approaching. >> the fiscal cliff is looming. >> the fiscal cliff it's looming, owe oh, yeah. >> stephen: oh, yeah, the fiscal cliff not to be confuse withed with the financial glory hole. unless congress comes up with a deficit reduction deal on january 1 there will be a trillion dollars in automatic spending cuts and the bush tax cuts expire which the congressional budget office says together could cause another recession. our only hope is...
149
149
Dec 17, 2012
12/12
by
WUSA
tv
eye 149
favorite 0
quote 0
fiscal cliff. the fiscal cliff soap box. come on through. how you doing? all right, people, step up. the fiscal cliff soap box. we'll give you this beautiful 9news travel mug if you talk to us. here we go. step right up. do you worry about your taxes going ?up. >> i'm not wealthy so no. >> reporter: if we go off the cliff, taxes will go up on everybody. >> everybody? >> reporter: everybody. tell the politicians what you think of them. >> my name is lou weinstein and i write novels. no one wants to hold up a tax cut for most people in this country so the richest people can avoid paying their fair share. it's absurd. happy to pay the additional taxes if he agrees not to spend any more than he already has. >> reporter: come on. give me a break. >> of course the rich will have to pay more. they could certainly suck it up. >> i don't know what that means. >> one party can't add and the other party are too much wooses. >> reporter: the fiscal cliff? >> there's money problems. >> please don't film me. >> republicans can't add and the democrats are woosies. i'm no
fiscal cliff. the fiscal cliff soap box. come on through. how you doing? all right, people, step up. the fiscal cliff soap box. we'll give you this beautiful 9news travel mug if you talk to us. here we go. step right up. do you worry about your taxes going ?up. >> i'm not wealthy so no. >> reporter: if we go off the cliff, taxes will go up on everybody. >> everybody? >> reporter: everybody. tell the politicians what you think of them. >> my name is lou weinstein...
188
188
Nov 7, 2012
11/12
by
CNBC
tv
eye 188
favorite 0
quote 0
>> you have been asking about fiscal cliff, fiscal cliff. tla always seem to have an excuse. in the meantime, it has been pretty darn good. >> the market -- >> the reserve has been a huge put the whole time. >> thank you, jim. >> let's bring in the former governor of virginia. good to have you on the program. thanks for joining us. your thoughts on what has happened in virginia and throughout the country so far. we are neck and neck in terms of electoral votes. 162 for the president and governor romney. >> i never thought it would be anything other than just as you described it. very close and very tight. i expect the president to win. i hope he does. i think that will change. as a matter of fact, i bet a penny before i came home to say that he would change. around the country, i would be surprised if romney carried all of those swing states that have been described just now. i see obama winning the election. i hope that virginia is in the winning column with him. i think a lot of people feel like i did when i feeted for him. he needs a second term to prove what he has starte
>> you have been asking about fiscal cliff, fiscal cliff. tla always seem to have an excuse. in the meantime, it has been pretty darn good. >> the market -- >> the reserve has been a huge put the whole time. >> thank you, jim. >> let's bring in the former governor of virginia. good to have you on the program. thanks for joining us. your thoughts on what has happened in virginia and throughout the country so far. we are neck and neck in terms of electoral votes. 162...
120
120
Nov 9, 2012
11/12
by
FOXNEWS
tv
eye 120
favorite 0
quote 0
the fiscal cliff, doom and gloom headlines. boehner is saying okay, president obama, you want to talk about the fiscal cliff. go first. we're waiting. what do you want to cut? i think that the conventional wisdom in washington among democrats and republicans is the president need to embrace simpson bowles. a great starting point. it allows him to not come out and put cuts on table, which i don't think he wants to do. i think some democrats, too, come out, like schumer and said i don't want you raising taxes on people under $1 million. we know it hurts his constituency. the they said raising taxes in a recession or down economy is not the good thing to do a year ago, it's not good to do now either. >> dana: bob, if you are in a position of leadership at the white house, do you think it's smart for president obama to lay out a plan like simpson-bowles or call it something else if he wants to and because he knows he can't get a tax increase at the level he is talking about through the house and maybe not even the senate, shouldn't
the fiscal cliff, doom and gloom headlines. boehner is saying okay, president obama, you want to talk about the fiscal cliff. go first. we're waiting. what do you want to cut? i think that the conventional wisdom in washington among democrats and republicans is the president need to embrace simpson bowles. a great starting point. it allows him to not come out and put cuts on table, which i don't think he wants to do. i think some democrats, too, come out, like schumer and said i don't want you...
12
12
tv
eye 12
favorite 0
quote 0
cliff the fiscal cliff of course is the culmination of years and years of failing to take responsibility for a rogue economy that they're going to try to reconcile all at once when the entire population of america jumps off the fiscal cliff whether they do so in the next two months or six months or twelve months is irrelevant that fiscal.
cliff the fiscal cliff of course is the culmination of years and years of failing to take responsibility for a rogue economy that they're going to try to reconcile all at once when the entire population of america jumps off the fiscal cliff whether they do so in the next two months or six months or twelve months is irrelevant that fiscal.
15
15
tv
eye 15
favorite 0
quote 0
cliff what's that fiscal cliff made of well it's made of wars that were based on lies trillions of dollars it's also made of the bush tax cuts that a trillion over a trillion dollar impact that you know mostly the people who benefit were at the top and it's also made excessive military spending beyond wars so we're creating our own problems here but when you say no it's not going to go through congress is going to lead to what their way out you know it will be kick the can down the road to after the election and then maybe even to a new and the new congress comes in in two thousand and thirteen but you know congress this is an election so. anyone who knows anything about washington knows where people will huff and puff they're going to blow their own house down on the eve of an election all right i want to talk a little bit of foreign policy with you two before we wrap it up here which is that if you look at what's happening in iraq right now right we've seen a lot of violence we've seen a new offensive started we just saw one hundred people killed in one day on monday if you look at afgha
cliff what's that fiscal cliff made of well it's made of wars that were based on lies trillions of dollars it's also made of the bush tax cuts that a trillion over a trillion dollar impact that you know mostly the people who benefit were at the top and it's also made excessive military spending beyond wars so we're creating our own problems here but when you say no it's not going to go through congress is going to lead to what their way out you know it will be kick the can down the road to...
128
128
Sep 3, 2012
09/12
by
WMPT
tv
eye 128
favorite 0
quote 0
it's called the fiscal cliff. maybe you've heard about all the automatic tax increases and spending cuts that make up the fiscal cliff. now, before you say this is just another silly inside-the-beltway mess that doesn't affect my life. we want to tell you that the fiscal cliff is different. tonight, we're going to tell you what all this means to you, to our economy and our future. thelma and louise made pop history when they defiantly drove off that cliff. but this january, congress could steer the u.s. off a different cliff. and when someone falls off a cliff in washington, there are no stunt men to pick them up. on january 1, 2013, tax breaks worth $416 billion will expire. spending on things like defense, medicare payments to doctors will be slashed by $65 billion. add it all up and you are talking about cutting roughly half a trillion dollars from the federal budget. and if we do go over this cliff and let all this happen, the economy is projected to stagger into recession. it could derail everything, it would
it's called the fiscal cliff. maybe you've heard about all the automatic tax increases and spending cuts that make up the fiscal cliff. now, before you say this is just another silly inside-the-beltway mess that doesn't affect my life. we want to tell you that the fiscal cliff is different. tonight, we're going to tell you what all this means to you, to our economy and our future. thelma and louise made pop history when they defiantly drove off that cliff. but this january, congress could steer...
184
184
Dec 1, 2012
12/12
by
CNNW
tv
eye 184
favorite 0
quote 0
cliff. >> fiscal cliff. >> we could go off this fiscal cliff. >> we are facing a fiscal grand canyon. >> reporter: it's a big deal, question is, can these guys strike a deal? >> i have to repeat, i have a pen. >> reporter: meantime, damage control for u.n. ambassador susan rice, how to smooth things over this week with republicans after those benghazi talking points. >> extremist elements came to the consulate as this was unfolding. >> reporter: the didn't work, now, their talking points. >> we are significantly troubled. >> i want to say that i'm more troubled today. >> reporter: democrats shot back. >> they're not only blaming her for this intelligence report, they're trying to blame her for the actual tragic event. >> i've seen so much crazy stuff in this house, i could write a bock. >> or make an internet video that's actor angus t. jones caught slamming his own tv show. >> if you watch "two and a half men" please stop watching "two and a half men." i'm on it and don't want to be on it. >> reporter: he apologized but may still get his wish. now, to just two men. these two men. in
cliff. >> fiscal cliff. >> we could go off this fiscal cliff. >> we are facing a fiscal grand canyon. >> reporter: it's a big deal, question is, can these guys strike a deal? >> i have to repeat, i have a pen. >> reporter: meantime, damage control for u.n. ambassador susan rice, how to smooth things over this week with republicans after those benghazi talking points. >> extremist elements came to the consulate as this was unfolding. >> reporter:...
9
9.0
tv
eye 9
favorite 0
quote 0
cliff and fear of that fiscal cliff is already slowing investment and economic activity in america is a bunch of scenarios here i mean but basically if you get the full five percent of g.d.p. type thing imagine you go from having a you know what eight percent deficit to three percent deficit means cutting expenditure on raising taxes by five percent of g.d.p. that's a huge impact and that's going to slow the economy right down that's going to push it into recession this is an economy that's weak that's only growing at two percent a year and so a five percent tightening would push us into a global recession because i think if america slows down that will trigger a slowdown worldwide and that will have an effect on russia through the oil price and other other channels of contagion there's a very wide range of options out there and we won't get any clarity until i'm afraid probably into the new year. and day that i thought of is this thing now stay with us here and i'll see that we've got plenty of money. in japan the average height for men is one hundred eighty two centimeters ten centi
cliff and fear of that fiscal cliff is already slowing investment and economic activity in america is a bunch of scenarios here i mean but basically if you get the full five percent of g.d.p. type thing imagine you go from having a you know what eight percent deficit to three percent deficit means cutting expenditure on raising taxes by five percent of g.d.p. that's a huge impact and that's going to slow the economy right down that's going to push it into recession this is an economy that's...
510
510
Nov 14, 2012
11/12
by
WTTG
tv
eye 510
favorite 0
quote 0
>> fiscal cliff, fiscal cliff, fiscal cliff. we are on the pressof a disaster. he needs to draw a line in the sand. i think he's already done that. when he draws that line, will it be an opening to negotiate with house republicans or really is he ready to go over the cliff with republicans? >> i think they aren't going to go over the cliff. they have legitimate disagreements in how they want to balance this off. but the president has put on the table his ideas on the tax issue. speaker john boehner has said we'll talk about this with you. they both start with strongest positions and then hopefully they can do a compromise on it. the point on this, this isn't just a short-term problem. this is a long-term problem. >> that's what i was going to ask, we've seen the can get kicked down the road. can we get to real results? real answers this time? >> the hope is what you've got is not going to solve this in the next 6 weeks. that's obvious. but should be an overall agreement. that we've got to deal with the entitlement issue. we've got to deal with cuts in the budget
>> fiscal cliff, fiscal cliff, fiscal cliff. we are on the pressof a disaster. he needs to draw a line in the sand. i think he's already done that. when he draws that line, will it be an opening to negotiate with house republicans or really is he ready to go over the cliff with republicans? >> i think they aren't going to go over the cliff. they have legitimate disagreements in how they want to balance this off. but the president has put on the table his ideas on the tax issue....
387
387
Dec 30, 2012
12/12
by
CNNW
tv
eye 387
favorite 0
quote 0
. >> to avoid the fiscal cliff -- >> if we go over the fiscal cliff -- >> try to avert the fiscal cliff. >> the clock ticks down to the so-called fiscal cliff. >> closer than ever going over the fiscal cliff. >> the fiscal cliff negotiations are going no where. >> president obama may not have gotten a fiscal cliff deal, but keeping up the media pressure this sunday morning with an interview op"meet the press." we'll take a look. >>> from the david petraeus scandal to the trayvon martin tragedy. the media's performance in 2012, we'll have a report card. i'm howard kurtz and this is "reliable sources." >>> it was a striking moment when david gregory brandished that high ammunition magazine last sunday so much so we played it on this program. but that braumpted a d.c. police whether he violated the city's gun laws, one controversy that they fuind under assault. and eric who blogs about the media for "washington post." simple question, eric, should david gregory be prosecuted? >> well, i think he should be investigated. i'll leave that up to the prosecutors. but i definitely do believe unli
. >> to avoid the fiscal cliff -- >> if we go over the fiscal cliff -- >> try to avert the fiscal cliff. >> the clock ticks down to the so-called fiscal cliff. >> closer than ever going over the fiscal cliff. >> the fiscal cliff negotiations are going no where. >> president obama may not have gotten a fiscal cliff deal, but keeping up the media pressure this sunday morning with an interview op"meet the press." we'll take a look. >>>...
201
201
Oct 21, 2012
10/12
by
WJLA
tv
eye 201
favorite 0
quote 0
. >> what about the fiscal cliff? we are obviously going off the fiscal cliff at the end of the year when the tax cuts expire. we will see a huge tax increase for 90% of the country. k, all income levels and the spending programs get cut, as well. that may lead to layoffs. arare youexpecting at to lead to a recession in 2013? >> no. no. i clearly -- we're not going to go off the fiscal cliff. i think the fiscal cliff is very significant. i don't think they will necessarily resolve it early on. it represents a breakdown of civility in some ways, in the way the budgets are passed, break from tradition, even if they get by this, i worry about what that breakdown in tradition will do in the future. hopefully, we won't commit economic suicide by actually putting in all of that tightening so quickly. i certainly care about the budget dedeficits, but, you kno that's not the way to do business. i'd like to see something like simpson bowls getting rid of a lot of deductions, keeping rates low, trying to cut some spending. both
. >> what about the fiscal cliff? we are obviously going off the fiscal cliff at the end of the year when the tax cuts expire. we will see a huge tax increase for 90% of the country. k, all income levels and the spending programs get cut, as well. that may lead to layoffs. arare youexpecting at to lead to a recession in 2013? >> no. no. i clearly -- we're not going to go off the fiscal cliff. i think the fiscal cliff is very significant. i don't think they will necessarily resolve...
22
22
Nov 17, 2012
11/12
by
MSNBCW
tv
eye 22
favorite 0
quote 0
. >> begin negotiations about how to avoid that so-called fiscal cliff. >> fiscal cliff. >> this is the beginning of a fruitful process. >> the issue is taxes. >> only one bad word -- taxes. >> raising taxes is a very bad idea. >> raising taxes is a terrible idea. >> to show our seriousness, we put revenue on the table. >> we're prepared to put revenue on the table. >> a deadline. >> being able to work something out. >> there was a spirit of cooperation. >> tomorrow is speaker boehner's birthday. we didn't know how many candles were needed. ♪ best friend ♪ >> interrupting that was the ghost of christmas past. >> you guys are the best. thank you so much. >> mitt, 47%, romney. he is the gift that keeps on giving. >> republicans did not take kindly to mr. romney's words. >> i don't agree with the comments. >> we lost the presidency. it's time to move on. >> general petraeus finishing up testimony. >> petraeus is under fire for his affair with paula broadwell. >> she is a marathon runner. ironman triathlon. he's a man. >>> ten days after his re-election victory, new polls show president
. >> begin negotiations about how to avoid that so-called fiscal cliff. >> fiscal cliff. >> this is the beginning of a fruitful process. >> the issue is taxes. >> only one bad word -- taxes. >> raising taxes is a very bad idea. >> raising taxes is a terrible idea. >> to show our seriousness, we put revenue on the table. >> we're prepared to put revenue on the table. >> a deadline. >> being able to work something out. >>...
162
162
Nov 11, 2012
11/12
by
WUSA
tv
eye 162
favorite 0
quote 0
gridlock over the so-called fiscal cliff. what's the fiscal or better put financial cliff? think of it as a high, steep rock. a ledge the u.s. is teetering on and will plunge over if no action is taken on certain financial matters. what are those? one, the bush era tax cuts. in 2001 and 2003, congress, under president george w. bush, lowered everyone's taxes. but it was only temporary, like 11 years temporary. less than two months from now midnight december 31, taxes go back up. the average household will pay more in taxes each year, $2000 to $3500 more. two, sequestration. what's that? new, big budget cuts. $110 billion in cuts in 2013 alone. they go into effect january 2, and will affect the defense budget and the domestic budget. the cbo, says unemployment could climb up over 9%, pushing the u.s. back into recession. why did this happen? an automatic sequestration or permanent set aside of $1.2 trillion was passed by congress, in order to force congress to compromise and figure out how to cut the budget itself. but, a congressional supercommittee of house and senate memb
gridlock over the so-called fiscal cliff. what's the fiscal or better put financial cliff? think of it as a high, steep rock. a ledge the u.s. is teetering on and will plunge over if no action is taken on certain financial matters. what are those? one, the bush era tax cuts. in 2001 and 2003, congress, under president george w. bush, lowered everyone's taxes. but it was only temporary, like 11 years temporary. less than two months from now midnight december 31, taxes go back up. the average...
169
169
tv
eye 169
favorite 0
quote 1
, as we all, what is the fiscal cliff again? >> a toxic combination of spending cuts and tax increases that kicks in at the beginning of next year. >> on january 1s its bush tax cuts will eck prior within the alternative minimum continuation would quick in, hiking taxes for more than half married couples with two children. the payroll tax cut was also expire. >> emergency unemployment benefits end, and 984 billion dollars in the automatic cuts in both defense and domestic budgets are triggered. >> it very likely that we're all going die. >> jon: why did they put that last provision in. see, here is what happened. two summers ago congress realized that if they couldn't compromise on a deficit and revenue plan our economy would krafernlt turns out they couldn't compromise. so here's what they did. in order to force themselves to work together and compromise they concocted a catastrophic penalty that would itself crash our economy. brilliant! put it another way. if there is an asteroid headed towards the earth. we made it and fired
, as we all, what is the fiscal cliff again? >> a toxic combination of spending cuts and tax increases that kicks in at the beginning of next year. >> on january 1s its bush tax cuts will eck prior within the alternative minimum continuation would quick in, hiking taxes for more than half married couples with two children. the payroll tax cut was also expire. >> emergency unemployment benefits end, and 984 billion dollars in the automatic cuts in both defense and domestic...
218
218
Nov 15, 2012
11/12
by
MSNBCW
tv
eye 218
favorite 0
quote 0
cliff the fiscal curb. it's a little step down and you keep taking the steps so by the time you goat march or april, there's something significant happening but not right away. but there's a tricky thing here. both sides want to call it a cliff because both sides need drama in order to drive the urgency of their position but i'm wondering if at some point the president doesn't soften this as we get into late december and start to say to people, well, on the first week of january, you're going u just going to see a little step. and we will have time to fix it retroactively. >> i think that's probably what you will hear. i think ultimately this is going to be some kind of compromise. the fiscal cliff, it would be about $6 hup billion worth of tax cuts. i think it is going to be softened. there are no political points to be gained from getting the u.s. at the cliff, from going to default as we saw a year and a half ago. also markets are responding to the fact that and how that could be cut or not but can we se
cliff the fiscal curb. it's a little step down and you keep taking the steps so by the time you goat march or april, there's something significant happening but not right away. but there's a tricky thing here. both sides want to call it a cliff because both sides need drama in order to drive the urgency of their position but i'm wondering if at some point the president doesn't soften this as we get into late december and start to say to people, well, on the first week of january, you're going u...
174
174
May 22, 2012
05/12
by
MSNBC
tv
eye 174
favorite 0
quote 0
>> yeah, because we are headed at the end of the year, for the fiscal cliff. fiscal cliff is all the bush tax cuts expiring, and of course the see quester, $1.2 trillion of additional spending cuts as well as alternative minimum tax coming back on people, as well as unemployment insurance extension running out. so lots of key issues coming up. absolutely i believe we should revisit bowles-simpson, as you know that grew out of a proposal of senator judd gregg and iing we made that five years ago. i serveden 0 the bowles-simpson commission, as senator greg. we supported its findings. i believe that's the best blueprint for going forward. that's why i put that before the senate budget committee this year. but i said, we're not going to vote on it right now, because we all know what will happen if we vote on it right now it will go down. you've got to wait, i think, until after the election before people are prepared to move off their fixed positions. and that's what we've got to get all sides to do, move off their fixed positions. bowl simpsons is a great outline
>> yeah, because we are headed at the end of the year, for the fiscal cliff. fiscal cliff is all the bush tax cuts expiring, and of course the see quester, $1.2 trillion of additional spending cuts as well as alternative minimum tax coming back on people, as well as unemployment insurance extension running out. so lots of key issues coming up. absolutely i believe we should revisit bowles-simpson, as you know that grew out of a proposal of senator judd gregg and iing we made that five...
205
205
Sep 23, 2012
09/12
by
CNNW
tv
eye 205
favorite 0
quote 0
falls over the fiscal cliff, that fiscal cliff that will hit at the beginning of next year. some of the education programs will hurt at risk students. pell grants are safe for next year. but most federal aid grants face an 8.2% cut. programs that support research would also be scaled back and while congress is busy doing nothing, the rest of the world is moving forward. u.s. college situation rates are the highest in the world. the rest of the world is catching up quickly and may surpass the u.s. for high school graduation, the u.s. ranks much worse, 22nd out of 27 countries. and just 29% of students in the u.s. whose parents didn't graduate from high school will go on to finish college. that's worst than every other country except new zealand and canada. >>> an obama boom or a romney rally. how your vote may put money in your portfolio. the stocks to pick if you think your guys is going to win in november. >>> conventional wisdom says republicans are better than democrats for the stock market. always question conventional wisdom. this is the whilshire 5,000, it's the broade
falls over the fiscal cliff, that fiscal cliff that will hit at the beginning of next year. some of the education programs will hurt at risk students. pell grants are safe for next year. but most federal aid grants face an 8.2% cut. programs that support research would also be scaled back and while congress is busy doing nothing, the rest of the world is moving forward. u.s. college situation rates are the highest in the world. the rest of the world is catching up quickly and may surpass the...